As an alternative to ICO (Initial Coin Offering) and IEO (Initial Exchange Offering), IDO (Initial DEX Offering) is becoming very popular** due to the increased demand for DeFi opportunities inside the crypto sphere. One can easily crowdfund their projects in a decentralized manner through a liquidity DEX.
Through this presentation, let's try to understand what is an IDO and why it is the next step in crypto fundraising. I am also covering the information about Cub Finance's upcoming IDO so that readers can relate to it a little better. Let's start!
Polygon yield farming is cheaper & faster than BSC hence we can expect many existing and new users to get onboard. It's going to be a sweet addition to the Cub Finance Ecosystem after a handsome kickoff on Binance Smart Chain. The future of Cub Finance is to become a multi-chain aggregator (One-stop-shop for DeFi) & this is another step towards that move. You can check out this basic Polygon Guide by @crypto-guides to understand how it works & how to set up your metamask for Matic Network.
I hope you enjoyed and learned something new from the presentation. Are you excited about the CUB IDO Launchpad? Please comment below!
Not financial advice. For infotainment purposes only.
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